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(LOGO) ALLIANCE LIMITED MATURITY
GOVERNMENT FUND, INC.
_________________________________________________________________
March 1, 1996
Supplement to Prospectus dated March 1, 1996 for Missouri
Investors
The Fund's investment activities are likely to result in the
Fund engaging in a considerable amount of trading of securities
held for less than one year. This trading activity increases the
Fund's transaction costs, rate of turnover and the incidence of
short-term capital gain taxable as ordinary income. Investors
should consider that the Fund also intends to engage in certain
borrowing techniques which may increase investment risk.
(R): This is a registered mark used under license from the owner,
Alliance Capital Management L.P.
00250110.AQ1
